Table of Contents

Jones Day

Table of Contents

GLOSSARY ....................................................................................................................................................................... iii Africa ..................................................................................................................................................................... 1 Kenya ...................................................................................................................................................... 1 Mozambique ........................................................................................................................................... 9 South Africa .......................................................................................................................................... 12 Asia Pacific .......................................................................................................................................................... 17 Australia................................................................................................................................................ 17 China ..................................................................................................................................................... 21 Hong Kong ............................................................................................................................................ 26 India ...................................................................................................................................................... 30 Indonesia ............................................................................................................................................... 33 Japan ..................................................................................................................................................... 37 Laos ....................................................................................................................................................... 42 Malaysia ................................................................................................................................................ 45 Myanmar............................................................................................................................................... 49 Philippines............................................................................................................................................. 53 Singapore .............................................................................................................................................. 57 South Korea .......................................................................................................................................... 61 Taiwan................................................................................................................................................... 65 Thailand ................................................................................................................................................ 67 Timor-Leste .......................................................................................................................................... 74 Vietnam ................................................................................................................................................. 77 Europe ................................................................................................................................................................. 80 Austria................................................................................................................................................... 80 Belgium ................................................................................................................................................. 84 France.................................................................................................................................................... 86 Germany ............................................................................................................................................... 94 Italy........................................................................................................................................................ 97 The Netherlands ................................................................................................................................. 102 Poland.................................................................................................................................................. 105 Russia .................................................................................................................................................. 108 Spain .................................................................................................................................................... 110 United Kingdom ................................................................................................................................. 113 Middle East ....................................................................................................................................................... 117 Qatar ................................................................................................................................................... 117 Saudi Arabia ....................................................................................................................................... 120 United Arab Emirates........................................................................................................................ 123 North America .................................................................................................................................................. 127 Canada ................................................................................................................................................ 127 Mexico ................................................................................................................................................. 131 United States of America ................................................................................................................... 136 South America .................................................................................................................................................. 142 Argentina ............................................................................................................................................ 142 Brazil ................................................................................................................................................... 148 Chile .................................................................................................................................................... 154 Colombia ............................................................................................................................................. 157 Ecuador ............................................................................................................................................... 162 Uruguay............................................................................................................................................... 165 Venezuela ............................................................................................................................................ 169

JONES DAY CONTACTS BY COUNTRY ................................................................................................................. 172 ____________________________________________________________________________________________.... 172

Jones Day

Introduction to the 2019 Anti-Corruption Regulation Survey

Welcome to the 2019 edition of the Jones Day Anti-Corruption Regulation Survey of Select Countries. Since the 2017?2018 edition of this Survey, there has continued to be an increasing awareness among multinational companies of the significance of anti-corruption regulations in foreign countries and the potential risks of violating these regulations or of being associated with companies or individuals that have violated such regulations.

A number of countries made significant changes to their anti-corruption regulations in 2018 and 2019 to date, including, among others, Chile, India, Indonesia, Italy, Malaysia, Myanmar, Philippines, South Korea, Thailand and Vietnam. Furthermore, since 2018, there have been significant developments in several countries related to anti-corruption, especially with respect to enforcement practice and policy, such as in Brazil, South Africa, the United Kingdom and the United States. Other countries included in this Survey have indicated proposed amendments to anti-corruption regulations, the restructuring of anti-corruption enforcement bodies and enhanced coordination with the anti-corruption authorities of other jurisdictions. The 2019 edition of this Survey includes Qatar, a jurisdiction that had not been covered in previous years.

This Survey is intended to provide an overview of the complex and evolving anti-corruption regulations in the 42 countries covered herein. Ways in which this Survey may be useful will vary depending on a company's situation and needs. A few examples follow:

? Due diligence. This Survey may be useful to give a sense of key aspects of anti-corruption regulations that apply to potential M&A targets and joint venture partners.

? Prospective business partners. If a company is considering entering into a relationship with a business partner (e.g., vendor or customer) from another country, this Survey may be useful in giving a sense of potential areas of risk in relation to the partner's local business activities.

? Considering efficacy of compliance programs. This Survey may be helpful in considering whether and how to develop, assess and enhance an anti-corruption compliance program, whether on a national, regional or global basis. As a starting point, one needs to have an understanding of whether a particular action (for example, certain gifts or entertainment) may potentially violate local regulations.

In this Survey, the countries are organized by region and then alphabetically by country. Whereas previous editions of this Survey subdivided Asian jurisdictions into three regions, these countries have been combined into one "Asia Pacific" region in the 2019 edition. For each country, the same topics are covered. They include, among others: (i) whether bribery of domestic and foreign public officials is prohibited; (ii) the meaning of the term "public official"; (iii) whether and to what extent gifts, entertainment and travel benefits are regulated; (iv) issues in enforcement; and (v) recent developments.

This Survey also sets forth the most recent CPI scoring and ranking information for each of the surveyed countries. "CPI" refers to the Corruption Perceptions Index, published by Transparency International, which scores and ranks countries around the world based on perceived levels of corruption. CPI scores range from 100 (very clean) to 0 (highly corrupt). In the ranking issued on January 29, 2019, the CPI ranked 180 countries based on their scores.

In addition, this Survey identifies major international conventions to which each of the countries is a party. These conventions are defined in the Glossary.

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This Survey may be useful as a starting point to give some sense of the scope and extent of anticorruption regulations in a particular country, but it is not a substitute for a review of the actual regulations in light of a particular set of facts. This Survey should not be construed as legal advice on any specific facts or circumstances. If questions come up in relation to the anti-corruption regulations of a specific country, the last section of this Survey lists contacts at Jones Day who would be in a position to provide information based on specific facts and circumstances or provide guidance with respect to contacting local counsel. If questions come up in relation to multiple jurisdictions, the Jones Day team, including its local contacts where appropriate, can effectively coordinate to provide a comprehensive and focused response.

Jones Day November 1, 2019

Compiling and editing team: Jones Day Tokyo

Stephen J. DeCosse (sdecosse@) Ian M. Wright (iwright@)

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GLOSSARY

Jones Day

Term AUCPCC CPI

FCPA OAS OAS Convention OECD OECD Convention

SADCPAC UNCAC

Meaning

African Union Convention on Preventing and Combating Corruption

Corruption Perceptions Index published by Transparency International ranks countries by perceived levels of corruption as determined by expert assessments and opinion surveys. In the ranking issued on January 29. 2019, 180 countries were ranked by CPI score. The CPI score ranges from 100 (very clean) to 0 (highly corrupt).

U.S. Foreign Corrupt Practices Act of 1977 (15 U.S.C. ??78m, 78dd-1 to -3, 78ff)

Organization of American States

OAS Inter-American Convention against Corruption. Adopted in March 1996.

Organisation for Economic Co-operation and Development

OECD Convention on Combating Bribery of Foreign Public Officials in International Business Transactions. 43 countries have acceded as of May 2017. The OECD cannot force implementation; it only monitors implementation.

Southern African Development Community Protocol Against Corruption

United Nations Convention Against Corruption. It covers criminalization of corruption, prevention, cooperation and information exchange and asset recovery. As of June 26, 2018, there are 140 signatories and 186 parties to the UNCAC, including the European Union.

Jones Day publications should not be construed as legal advice on any specific facts or circumstances. The contents are intended for general information purposes only and may not be quoted or referred to in any other publication or proceeding without the prior written consent of the Firm, to be given or withheld at our discretion. To request reprint permission for any of our publications, please use our "Contact Us" form, which can be found on our website at . The mailing of this publication is not intended to create, and receipt or review of it does not constitute, an attorney-client relationship. The views set forth herein are the personal views of the contributors and do not necessarily reflect those of the Firm.

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